Wednesday, June 16, 2021

Wednesday Update - SPX Scenarios (6/16/21)

Near term tracking scenarios 

1 [gray Y(Z)] - Breakout Failure, high is in

2 [blue Y(Z)] - EDT, high below 4292

3 [green (b) and Y(Z)] - targeting 4320, 4405. 

 



 

Thursday, June 10, 2021

Wednesday Update - New High and Targeting (6/10/21)

New high intraday in SPX and closed slightly above the previous record.   If this is a successful breakout (chart 1), a reasonable target would be around 4320, to complete a larger tripple zigzag we've been tracking (chart 2).



 

 



Saturday, June 5, 2021

MTU Weekend Ed - Treading Water (6/4/21 close)

SPX is trying to establish short term support for its extension attempt while other indices are lagging.



Wednesday, June 2, 2021